Making a Hong Kong Corporation a Subsidiary Through Share Acquisition
First written in FY2017-Q3. 8 of 11 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group consists of the company (Morozoff Limited) and 2 subsidiaries, Kamakura New German and VISUAL HONG KONG LIMITED.」
The Group has confirmed for the full year that its 2 subsidiaries, including VISUAL HONG KONG LIMITED, are treated as a consolidated group. The company states that VISUAL HONG KONG LIMITED has 4 stores and will contribute to results from the current fiscal year. - FY2024-Q3RestatedAnnual report
「The company made VISUAL HONG KONG LIMITED a subsidiary in 2016. However, because the company's significance has increased, it has included VISUAL HONG KONG LIMITED in the scope of consolidation from the first quarter.」
It has been reconfirmed that VISUAL HONG KONG LIMITED was included in the scope of consolidation from the first quarter because of its increased significance. - FY2024-Q2RestatedAnnual report
「The company made VISUAL HONG KONG LIMITED a subsidiary in 2016. However, because the company's significance has increased, it has included VISUAL HONG KONG LIMITED in the scope of consolidation from the first quarter.」
It has been reconfirmed that VISUAL HONG KONG LIMITED was included in the scope of consolidation from the first quarter because of its increased significance. - FY2024-Q1AdvancedAnnual report
「The company made VISUAL HONG KONG LIMITED a subsidiary in 2016. However, because the company's significance has increased, it has included VISUAL HONG KONG LIMITED in the scope of consolidation from the first quarter of the current fiscal year.」
Following the increase in its significance, VISUAL HONG KONG LIMITED, which had been treated as a non-consolidated subsidiary, was included in the scope of consolidation from the first quarter of the current fiscal year. - FY2023RestatedAnnual report
「Non-consolidated subsidiary: 1 company, VISUAL HONG KONG LIMITED」
VISUAL HONG KONG LIMITED continues to be treated as a non-consolidated subsidiary. - FY2023-Q3RestatedAnnual report
「Number of unconsolidated subsidiaries 1 Name of unconsolidated subsidiary VISUAL HONG KONG LIMITED The unconsolidated subsidiary is excluded from the scope of consolidation because it is small in scale and its total assets, revenue, quarterly net profit or loss (proportionate amount), retained earnings (proportionate amount) and other items do not have a material impact on the quarterly consolidated financial statements.」
The company has reconfirmed that VISUAL HONG KONG LIMITED, a Hong Kong entity, is treated as a small non-consolidated subsidiary and excluded from the scope of consolidation. - FY2023-Q2RestatedAnnual report
「Number of unconsolidated subsidiaries 1 Name of unconsolidated subsidiary VISUAL HONG KONG LIMITED The unconsolidated subsidiary is excluded from the scope of consolidation because it is small in scale and its total assets, revenue, quarterly net profit or loss (proportionate amount), retained earnings (proportionate amount) and other items do not have a material impact on the quarterly consolidated financial statements.」
Reconfirms that VISUAL HONG KONG LIMITED, a Hong Kong company, is treated as an unconsolidated subsidiary and excluded from the scope of consolidation because it is small in scale and does not have a material impact on the consolidated financial statements. - FY2020ReframedAnnual report
「Overseas, in June 2019 we opened a Morozoff shop at Dubai Mall in the United Arab Emirates, adding the Middle East's first cheesecake and frozen products to the lineup.」
The acquisition and conversion into a subsidiary of the Hong Kong company is not explicitly stated in this filing; the discussion of overseas expansion has instead been framed around new stores and products in Dubai, Singapore and elsewhere. - FY2018RestatedAnnual report
「In overseas operations, on 31 October 2016 we acquired VISUAL HONG KONG LIMITED, which sells confectionery centered on our products in Hong Kong, and made it a subsidiary. We will seek to expand sales in the Hong Kong market and absorb expertise in overseas sales, thereby strengthening our overseas business.」
Reconfirms the policy of acquiring a Hong Kong company and making it a subsidiary, while seeking to expand sales in the Hong Kong market and absorb expertise in overseas sales. - FY2017RestatedAnnual report
「In overseas operations, on 31 October 2016 we acquired VISUAL HONG KONG LIMITED, which sells confectionery centered on our products in Hong Kong, and made it a subsidiary. We will seek to expand sales in the Hong Kong market and absorb expertise in overseas sales, thereby strengthening our overseas business.」
Reconfirms the acquisition and conversion into a subsidiary of VISUAL HONG KONG LIMITED, and the policy of seeking to expand sales in the Hong Kong market and absorb expertise in overseas sales. - FY2017-Q3First statedAnnual report
「During the third-quarter accounting period, the Company acquired 100% of the shares of VISUAL HONG KONG LIMITED (Hong Kong) and made it a subsidiary. However, because its impact on assets, revenue, profit or loss, retained earnings and other items is immaterial and it is not material at present, the Company treats it as an unconsolidated subsidiary.」
For the first time, states that the Company acquired 100% of the shares of VISUAL HONG KONG LIMITED in Hong Kong and made it a subsidiary. Because the impact is immaterial, it is currently treated as an unconsolidated subsidiary.